Sri Lanka has taken major step forward towards strengthening socioeconomic relations with Russia while opening avenues for local businessmen and entrepreneurs to establish contacts with Russian counterparts, official sources disclosed.
Board of Investment approved, Kelun Lifesciences Ltd., one of the largest pharmaceutical manufacturing facilities in Sri Lanka has saved over Rs. 1.5 billion by manufacturing saline locally.
Sri Lanka government is ready assist local toddy producers to enter into international markets by manufacturing quality and unadulterated alcoholic beverages for exports to earn much needed foreign exchange.
Sri Lanka tourism revival efforts of the country’s tourism development authority (SLTDA) is now yielding positive results with significant increase in travelers’ arrival in January 2023 to 102,545 an increase of 24.5% compared to January 2022 and reaching 43% pre pandemic levels (2018).
Sri Lanka is likely to go dark soon following the shut down of Kelanitissa power plant and the impending suspension of power generation by Norochcholai power plant due to shortage of fuel and coal, CEB officials said.